Jiangsu Linyang Energy Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:57 pm IST
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Jiangsu Linyang Energy Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 984.02 million compared to CNY 955.97 million a year ago. Revenue was CNY 984.02 million compared to CNY 955.97 million a year ago. Net income was CNY 178.74 million compared to CNY 172.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.1 a year ago.
Jiangsu Linyang Energy Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of electrical meters. Its electrical meters include three-phase intelligent power meters, collectors, concentrators, power selling terminals and bidirectional converters, among others. The Company is also engaged in the development, investment, construction and operation of photovoltaic power stations, the research, development, manufacture and sales of monocrystal photovoltaic modules, energy performance contracting and the research, development, manufacture and sales of liquid emitting diode (LED) products. The Company operates businesses in both domestic and overseas markets.